At Rally Credit Union, we understand that your home is more than just a place to live—it's a valuable asset that can help you achieve your financial goals. That's why we offer two flexible home equity loan options: 1st Lien Home Equity Loans and 2nd Lien Home Equity Loans. Let's explore the features and benefits of each, so you can choose the best option for your needs.

1st Lien Home Equity Loan

Our 1st Lien Home Equity Loan allows you to borrow against the available equity in your home, providing you with the funds you need for various financial needs. Here are the key features and benefits:

• Borrow Against Available Equity: Use the funds for home improvements, debt consolidation, college expenses, or emergency assets. Your home's equity can be a powerful tool to help you achieve your financial goals.
• Competitive Rates: Enjoy lower interest rates compared to other borrowing options. This means you can save money over time and keep more of your hard-earned cash.
• Low-Cost Financing: Benefit from minimal fees and closing costs, making it an affordable way to access your home's equity. We believe in providing cost-effective solutions for our members.
• Customized Terms: Choose a repayment term that aligns with your financial goals. Whether you prefer a shorter term to pay off your loan quickly or a longer term for lower monthly payments, we have options to suit your needs.

2nd Lien Home Equity Loan

If you want to keep your first mortgage intact while still accessing your home's equity, our 2nd Lien Home Equity Loan is the perfect solution. Here are the key features and benefits:

• Keep Your First Mortgage Intact: A second lien allows you to access equity without refinancing your existing mortgage. This provides greater flexibility and convenience, especially if you have a favorable rate on your first mortgage.
• Borrow Against Available Equity: Just like our 1st Lien Home Equity Loan, you can use the funds for home improvements, debt consolidation, college expenses, or emergency assets. Your home's equity is a versatile resource.
• Low-Cost Financing: Enjoy minimal fees and closing costs, making it an affordable way to access your home's equity. We strive to offer cost-effective solutions for our members.
• Customized Terms: Choose a repayment term that aligns with your financial goals. We offer flexible terms to ensure you can find a repayment plan that works for you.

At Rally Credit Union, we're committed to helping you make the most of your home's equity. Whether you choose a 1st Lien or 2nd Lien Home Equity Loan, you can count on us for competitive rates, low-cost financing, and customized terms.

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